WEC Energy Group earnings date
The next WEC Energy Group results are expected on October 29, 2026. Watch whether earnings and construction cash payments support the full-year guidance.
What has WEC Energy Group guided for the year?
For 2026, management guides to earnings per share of $5.51–$5.61. EPS is the profit belonging to each common share after expenses and taxes. WEC raised its annualized dividend to $3.81 in January 2026 and declared another quarterly payment of 95.25 cents on October 15.
Management targets annual EPS growth of 7.0%–8.0% during 2026–2030. It targets dividend growth of 6.5%–7.0%. The forecast still depends on normal weather and an effective tax rate of 6.5%–7.5%, so the promise must be tested against cash and financing.
| Period guided | Low | High | Date given | |
|---|---|---|---|---|
| Earnings per share | Year to Dec 2026 | 5.51 | 5.61 | September 4, 2026 |
| Expected 2026 Annual Effective Tax Rate | Year to Dec 2026 | 6.5% | 7.5% | August 4, 2026 |
| Quarterly cash dividend (US cents per share) | Quarter to Dec 2026 | 95.25 | 95.25 | October 15, 2026 |
| Annualized Dividends Per Share | Year to Dec 2026 | 3.81 | 3.81 | September 4, 2026 |
| Dividend growth | 2026 onward | 6.5% | 7.0% | September 4, 2026 |
| Targeting payout ratio of earnings | 2026 onward | 65.0% | 70.0% | September 4, 2026 |
What this means. The two debt-safety rows show only minimum cash-flow-to-debt levels, not ranges; the company says its own targets are higher than the figures shown.
Did WEC Energy Group keep its past promises?
Management also kept an important promise. WEC reached the top of its 2025 adjusted earnings guidance and raised its dividend in January 2026. But adjusted earnings exclude selected items from GAAP, the standard accounting measure. WEC’s GAAP earnings were lower because they included an Illinois settlement charge that adjusted earnings removed.
What is WEC Energy Group's revenue and profit trend?
The June 2026 quarter showed stronger earnings, but construction accounting and temporary benefits explain part of the improvement. Compared with June 2025, revenue rose about 2.6%, operating income rose 6.9% and diluted EPS rose from $0.76 to $0.91. The proper comparison is the same quarter last year because winter heating makes March unlike June.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,062.1 | 3,434.2 | 2,537.1 | 2,104.0 | 2,009.5 | 3,149.5 | 2,284.2 | 1,863.5 |
| Gross margin | 73.1% | 59.5% | 63.7% | 71.1% | 71.6% | 63.0% | 67.7% | 72.1% |
| Operating income | 432.8 | 980.0 | 452.9 | 449.6 | 404.9 | 937.5 | 590.9 | 383.7 |
| Net income | 299.2 | 804.4 | 316.6 | 271.3 | 245.4 | 724.2 | 453.5 | 240.1 |
| EPS, diluted | 0.91 | 2.45 | 0.97 | 0.83 | 0.76 | 2.27 | 1.43 | 0.76 |
| Cash from operations | 992.3 | 1,218.4 | 424.6 | 938.9 | 853.3 | 1,162.6 | 581.8 | 729.0 |
What this means. The company brought in cash from its business, but spending on equipment and buildings was larger, so free cash flow was negative.
What should investors watch in WEC Energy Group's next results?
WEC’s scheduled third-quarter results on October 29, 2026 should be judged against the remaining earnings needed for annual guidance, alongside construction cash payments. Fourth-quarter maintenance catch-up may make the year-end comparison less smooth.